Both Sides of the Table

SEPTEMBER 29, 2013

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” It’s hard to be a great lead investor . VCs take their time precisely for the reason Fred articulates – they play the role of “lead investor.”

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

Scott Edward Walker

JUNE 9, 2019

Over the past few weeks, two of my clients have received financing term sheets in which the investors requested super pro rata rights. Simply put, pro rata rights permit the investor to maintain its percentage ownership in subsequent financing rounds. Introduction. Pro Rata Rights.

Preferred Stock 56

Preferred Stock Term Sheet Dilution Stock 56

Hippoland

JANUARY 4, 2017

Lawyers can charge as much as $10k-$30k (in the US) to draft and execute the legal docs for an equity round, and traditionally, founders are responsible for paying for this as well as investors’ legal costs! So, in the aggregate, it is possible that you may be required to pay as much as $30k-$50k to get an equity round done.

Convertible Security 48

Convertible Security Equity Security Silicon Valley 48